15 June 2020 | 11 replies
I have written to all of my Senators and Congressional Representatives requesting that they require all commercial lenders with government-backed commercial loans (Fannie Mae, Freddie Mac and HUD) to defer commercial mortgage payments for the same duration as tenant evictions are stayed, with all deferred mortgage payments to be automatically added to the loan term - no modification. extension or balloon payment needed.
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10 April 2020 | 5 replies
@Ellie NarieAny modification to an existing lease has to be in writing
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13 April 2020 | 10 replies
Hey David,Great questions.I believe agents will need to be more resourceful, have better systems in place for streamlining the entire process and will need to be able to handle most tasks remotely - i.e. consultations, virtual tours, e-signatures.Its really not too different from where things were headed pre-COVID.In my opinion, agents will still be a vital part of the process for both buyers and sellers.
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9 May 2020 | 36 replies
Or simply flip that larger space with the kitchen at the back and the living room at the front.The third the way it is labeled may look like less space as you have a dining room in that plan, but not in the second plan-guessing both are meant to be the same.Theresa,With the house being Pier and beam the plumbing shouldn't be that expensive the only expensive part would be removing the wall since I believe it's load baring, I've made some modifications on the laundry room area as shown below, and thanks for the idea of re-locating the entrance door, I might actually consider it if entering to a wall is not an issue anymore
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13 April 2020 | 2 replies
Any thoughts on a loan modification, etc?
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15 April 2020 | 15 replies
Learning how to analyze a deal is vitally important, but only if you do so consistently.
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19 April 2020 | 13 replies
For our deferment plans and lease modifications, we have been drafting lease amendments with the revised payment schedule with several other legal provisions for the tenant to sign.
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26 March 2020 | 13 replies
With a virtual tour, you are in complete control of your listing and all of the features that will make your listing stand out from other properties.PhotosBecause your listing’s photos may be the only means a potential tenant has of evaluating your rental before committing, it is vitally important that the photographs be of good quality, clear and appealing.
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4 April 2020 | 3 replies
Being in Southeast Michigan understanding the largest industry is vital.
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26 March 2020 | 12 replies
If someone remains unemployed or takes a pay cut post forbearance plan they will not be able to afford a repayment plan or qualify for a loan modification.